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3809 W University Dr 1.42 Acres of Commercial Land in Denton, TX 76207
INVESTMENT HIGHLIGHTS
- Fully platted, development-ready land on Hwy 380
- 43,000+ vehicles per day (TXDOT 2024) – rapidly growing traffic corridor
- All major site work complete: grading, drainage, 400’+ sewer line, stormwater system, $100K+ electric infrastructure
- General Office zoning allowing broad commercial uses
- Two approved access drives – Hwy 380 frontage & Western Blvd easement (TxDOT supported)
- Shovel-ready – 18+ months of City approvals already in place, saving time and cost
EXECUTIVE SUMMARY
Located just 1/4 mile west of I-35, the site benefits from exceptional visibility along Hwy 380 (W University Dr), with over 43,000 vehicles per day (TXDOT 2024) - a 19% increase year-over-year. The property sits adjacent to major residential and commercial growth, including Rayzor Ranch to the east and D.R. Horton’s Hickory Grove community to the west.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 1.42 AC |
| Lot Size | 1.42 AC |
DESCRIPTION
Platted already as a separate Lot with very favorable Commercial Zoning that was grandfathered when the City put in an overlay district along Hwy. 380 in 2022 – Site is ready to have Building Plans submitted. Graded – Site has been filled and graded to raise and level the elevation. This was done when the Self-Storage facility was developed. Drainage Improvements – the stormwater drainage improvements have already been made. A concrete headwall and inlet was installed in the S.W. Corner of the lot that runs into a 24” Pipe that was installed under a driveway in the storage facility to drain the front Lot that empties into a large 12’ wide concrete drainage channel that was installed by Seller in the back of the Storage facility. Sanitary Sewer Line Installed – A 6” Public Sewer Line in already stubbed out in the S.E. Corner of this Lot that was run from the Sewer Main behind the storage facility. Significant Portion of Landscaping Requirements Installed – all of the large trees planted by Seller along Hwy. 380 will greatly reduce cost and amount of additional landscaping required by City of Denton. Easement Agreement in place for 2nd Drive on Hwy. 380 – A 2nd Drive into this lot on the west side will greatly improve access with (2) drives for ingress/egress, as well as, an easement for cross access with the church. Electric Utilities Installed for City of Denton Coop – this was an approximate $125,000 expense to put in the poles and lines at the back of this property to provide power to both the back and this front lot.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $8,644,959 | |
| Land Assessment | $1,073,101 | Total Assessment | $9,718,060 |
PROPERTY TAXES
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3809 W University Dr
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